Technical Commentary: In Daily chart :- GbpUsd was trading in the long term equidistant channel lines and yesterday closed above the major key support level of 1.4720 so we can buy above the key support level 1.4720 and beware without stoploss don’t entre keep tight stoploss above 1.4660 levels
In 4 hour chart and 1 hour chart : Gbp/Usd was trading in the triangle pattern and trading above the major key resistance level of 1.4720 levels so we can sell below upper trend line with stoploss above yesterday high :- We have shown in attached image.
In 4 hour chart and 1 hour chart : Gbp/Usd was trading in the triangle pattern and trading above the major key resistance level of 1.4720 levels so we can sell below upper trend line with stoploss above yesterday high :- We have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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